Ways to Work Together

Fees are generally stated as an annual percentage of the account value and billed quarterly. Depending on the investment program and strategies selected, additional LPL platform, program, strategist, investment-manager, or other third-party expenses may apply. Investments may also have their own internal expenses.

All applicable fees and expenses will be explained and disclosed before an account is established.

Financial planning is offered under a separate fee structure based on the scope and complexity of the engagement. For qualified clients with $1 million or more in assets managed through our firm, financial-planning fees may be reduced or included, depending on the scope of planning required.

Brokerage Accounts

Brokerage services generally include investment recommendations and the execution of purchases and sales at the client’s direction. Unlike advisory accounts, brokerage accounts generally do not include ongoing portfolio management or monitoring unless otherwise agreed.

Brokerage costs are generally transaction-based and may include commissions, sales charges, markups or markdowns, account or service fees, and compensation associated with certain investment products. Investments may also have their own internal expenses.

All applicable fees and expenses will be explained and disclosed before an investment is purchased or an account is established.

Financial planning is offered under a separate fee structure based on the scope and complexity of the engagement.

Financial planning should reflect your needs—not require you to fit into a one-size-fits-all arrangement. Some clients need guidance on a single decision, while others benefit from a comprehensive financial plan or an ongoing planning relationship.

To provide that flexibility, financial-planning services may be offered at an hourly rate, for a fixed project fee based on complexity, or through an ongoing subscription package. Before beginning any work, we will define the scope of the engagement, explain what is included and provide the applicable fee in writing.

For qualified clients with $1 million or more in assets under management with our firm, certain financial planning services may be included as part of the advisory relationship or offered at a reduced fee, depending on the scope and complexity of the planning services provided.

Hourly consultation may be appropriate when you have a specific question or need focused guidance without committing to a comprehensive engagement. Examples may include:

• Evaluating a retirement or financial decision
• Reviewing employer benefits
• Analyzing a pension or Social Security election
• Discussing investment allocation
• Reviewing insurance coverage
• Exploring the financial implications of a major life change

Hourly financial planning: $350 per hour, with a two-hour minimum engagement.

A project-based engagement provides a defined analysis or financial plan for a fixed fee. The cost is based on the scope and complexity of your circumstances, the subjects being evaluated and the level of analysis required.

Before the engagement begins, you will receive a written description of the services, deliverables and total fee.

Project-based financial planning generally ranges from $1,500 to $7,500, depending on the scope and complexity of the engagement. Highly complex engagements involving business ownership, multiple retirement-income sources, equity compensation, estate-planning coordination or multigenerational wealth may require a customized fee.

Subscription planning is designed for clients who want an ongoing relationship rather than a one-time financial plan. It provides continued guidance as your circumstances, priorities and financial decisions evolve.

Depending on the package selected, your subscription may include regular planning meetings, updates to your financial projections, access to planning tools, ongoing support and coordination with your other professional advisors.

For your convenience, monthly subscription fees will be automatically deducted by LPL Financial from your designated account, as authorized in your financial-planning agreement.

Qualified clients who also work with us for investment management may be eligible for preferred subscription pricing. Additional financial planning fee considerations may apply to clients with $1 million or more in assets under management, as described above.